Connecticut bill establishes capital gains and dividends surcharge for highest-income taxpayers

Original title: AN ACT ESTABLISHING A CAPITAL GAINS AND DIVIDENDS SURCHARGE.

Last action · February 11, 2026: Referred to Joint Committee on Finance, Revenue and BondingSponsors: Jason Doucette and 34 others

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

What This Bill Proposed

The General Assembly proposes amending title 12 of the general statutes to establish a surcharge on net and dividend income for taxpayers whose meets or exceeds the threshold for the state's highest marginal income tax rate.

Why it matters

High-income residents subject to the top marginal tax rate face an additional surcharge specifically on investment earnings and capital asset sales under this proposal.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

High-income taxpayers

Taxpayers with income reaching the state's highest marginal rate threshold face a new surcharge on capital gains and dividend earnings.

Key Facts

Establishes a surcharge on net gains from the sale or exchange of capital assets.
Applies an additional surcharge to income derived from dividends.
Targets taxpayers whose Connecticut adjusted gross income meets or exceeds the threshold for the highest marginal tax rate specified in section 12-700 of the general statutes.
Introduced during the February 2026 Session and referred to the Joint Committee on Finance, Revenue and Bonding.

Frequently Asked Questions

Who would be required to pay the capital gains and dividends surcharge?

Taxpayers whose Connecticut meets or exceeds the threshold amount required for the highest marginal income tax rate under section 12-700 of the general statutes.

What types of income are targeted by the proposed surcharge?

Net gains from the sale or exchange of capital assets and income from dividends.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Follow the record

Votes, people, money & the original source

Where This Stands

This bill did not become law - Died at adjournment · in House committee.

Procedural history

1 action

Feb 11, 2026Connecticut General AssemblyCommittee
Referred to Joint Committee on Finance, Revenue and Bonding

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →